Alaska College Grants and Loans

Alaska College Grants and Loans

Alaska Grants

AlaskAdvantage® Education Grant Although this program is need-based, there are some monies set aside for students applicants enrolled in qualifying workforce shortage programs and those reaching the top quarter of SAT or ACT scores. During the 2005-06 school year, the workforce shortage programs are allied health sciences, community or social service and teaching. Application for this grant is through the Free Application for Federal Student Aid (FAFSA) and must be in by April 15.

Alaska Loans

Alaska Supplemental Education Loan This loan is available to Alaska residents (no matter where you are going to school) as well as non-residents going to school in Alaska. You will need to fill out a FAFSA and an Alaska Supplemental Education Loan MPN.Get more information at the Alaska Supplemental Education Loan webpage.

Alaska Family Education Loan This is an alternative to the PLUS loan. It's a low interest college loan to a family member who wants to help you with your educational costs. You can get more information by visitng the Alaska Family Education Loan page.

A.W. "Winn" Brindle Memorial Education Loan This program was established in memory of "Winn" Brindle, former president of the Wards Cove Packing Company and Columbia Wards Fisheries. Private donations and contributions from fisheries businesses fund the program in exchange for state tax credits. Full time undergraduate or graduate students who are Alaska residents studying in fisheries-related programs are eligible for these educational loans. Get more information at the AlaskAdvantage website.

Michael Murphy Education Loan This loan is a memorial to Michael Murphy, a member of the Alaska State Troopers. The loans are funded by donations of vacation leave by state employees and private donations. The funds provide educational loans of up to $1,000 per year to Alaska residents in full-time undergraduate study of law enforcement-related programs. Visit the Michael Murphy Education Loan website for further details and requirements.

Teacher Education Loan Alaska high school graduates who are nominated by their rural school district and study towards an elementary or secondary education degree may be eligible for this loan. Additionally, if the recipient decides to return to Alaska and teach in a rural area, they may be able to get the loan forgiven. Visit the Teacher Education Loan page for more information.